Prior Loan Agreement. The undersigned agree and acknowledge that, except for provisions that expressly provide for their survival of termination, the Prior Loan Agreement is terminated, and all Commitments thereunder (as defined in the Prior Loan Agreement) are terminated, and the undersigned waive any right to receive any notice of such termination.
Prior Loan Agreement. The words “Prior Loan Agreement” means that certain Business Loan Agreement dated March 6, 2013, by and between the Existing Borrower and the Lender as it was amended from time to time prior to the date hereof.
Prior Loan Agreement. Credit Extensions under the Prior Loan Agreement which are outstanding at the Effective Date shall be governed by the provisions of this Agreement.
Prior Loan Agreement. Agent, the Lenders and Borrower hereby agree that this Agreement amends, restates and supersedes all prior agreements, including without limitation, the Prior Loan Agreement, but in no way acts as a release or relinquishment of the liens and/or security interests securing payment of the indebtedness advanced pursuant to the Prior Loan Agreement and such liens and/or security interests (including, without limitation, those created by that certain Accounts Receivable and Inventory Security Agreement dated March 5, 1993 as most recently amended by First Amendment to Amended and Restated Accounts Receivable and Inventory Security Agreement of even date herewith) are hereby renewed, extended, ratified, confirmed and carried forward by Borrower in all respects to secure the Notes and the Credit Facility.
Prior Loan Agreement. Each of the following: (i) the Term Loan Agreement, dated as of June 20, 2011, among the Borrower, the Administrative Agent and the lenders party thereto, and (ii) the Term Loan Agreement, dated as of December 3, 2012, among the Borrower, the Administrative Agent and the lenders party thereto.
Prior Loan Agreement. This Agreement shall amend, modify, replace, and restate the Prior Loan Agreement, except that Borrower represents and warrants to Lender that all representations and warranties made by Borrower in such Prior Loan Agreement were true and correct as of the date thereof. Further, any and all references to the Prior Loan Agreement in any Note or other Loan Document are replaced for all purposes with a reference to this Agreement.
Prior Loan Agreement. Borrower certifies that the representations and warranties made by Borrower in the Prior Loan Agreement are true and complete on and as of the date hereof, except to the extent that any such representations and warranties refer to a specific prior date.
Prior Loan Agreement. The Borrower shall remain in compliance with all of the covenants (including, without limitation, the affirmative covenants, negative covenants, and financial covenants) contained in the Prior Loan Agreement, as amended.
Prior Loan Agreement. This Agreement amends and restates the --------------------- Loan and Security Agreement ("Prior Loan Agreement"), dated as of February 22, -------------------- 1996, between the Bank and the Borrower.
Prior Loan Agreement. For the avoidance of doubt, each Lender, Agent and each Borrower acknowledges and agrees that the Prior Loan Agreement has been and shall be deemed to have been terminated immediately prior to the effectiveness of this Agreement pursuant to Section 9.1, and that this Agreement shall replace and supercede the Prior Loan Agreement. Notwithstanding anything to the contrary contained in any of the foregoing or otherwise in this Agreement, Borrowers, Agent and Lenders agree that all UCC-1 financing statements filed by Agent against Borrowers in connection or the Prior Loan Agreement shall be deemed to have been filed also in connection with this Agreement and shall continue in effect without interruption and that the priority of Agent's security interest in the Collateral shall continue and remain unaffected and unchanged.
